RNB’s holdings of shares and warrants in JC ex-ceeds 90 per cent

• RNB has so far during the extended acceptance period received acceptances and ac-quired shares in the market to the extent that RNB’s holding amounts to 90.0 per cent of the votes and capital in JC, calculated after full dilution with regard to out-standing warrants • The last day for acceptance of RNB’s offer is August 4, 2006

RNB RETAIL AND BRANDS AB’s (publ) (Reg No 556495-4682) (“RNB”) public offer to the shareholders and warrant holders of JC AB (publ) (”JC”) has so far during the extension of the acceptance period, which runs to August 4, 2006, inclusive, been accepted by shareholders repre-senting 56,250 shares, corresponding to approximately 0.15 per cent of the votes and capital in JC, after full dilution with regard to outstanding warrants. RNB has in addition acquired 161,838 shares in JC in the market. In aggregate, JC shares tendered under the offer and shares acquired by RNB in the market amount to 33,361,430 shares, corresponding to approximately 90.0 per cent of votes and capital in JC, calculated after full dilution with regard to outstanding warrants in JC, and 89.8 per cent of the votes and capital before dilution. Remaining shareholders in JC who wish to accept the offer will be able to tender their shares until 3 p.m. CET on Friday August 4, 2006. For shareholders who accept the offer during the remaining extension, settlement is expected to occur on or about August 16, 2006. RNB may acquire additional JC shares in the market. For futher information, please contact: Mikael Solberg, CEO and President of RNB, tel +46 8 670 95 95, +46 708 18 44 40 Göran Blomberg, CFO RNB, tel +46 8 670 95 99, +46 733 97 95 99 RNB Retail and Brands AB Box 161 42 103 23 Stockholm